PR1C.DE vs. IE3E.DE
PR1C.DE (Amundi EUR Corporate Bond UCITS ETF DR EUR (D)) and IE3E.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc) are both European Corporate Bonds funds - PR1C.DE tracks the Bloomberg Euro Corporate Bond while IE3E.DE tracks the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Both are passively managed. Over the past 3 years, PR1C.DE returned 4.56%/yr vs 3.74%/yr for IE3E.DE. A 0.73 correlation means they provide meaningful diversification when combined. PR1C.DE charges 0.07%/yr vs 0.12%/yr for IE3E.DE.
Performance
PR1C.DE vs. IE3E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PR1C.DE achieves a 0.63% return, which is significantly higher than IE3E.DE's 0.48% return.
PR1C.DE
- 1D
- 0.09%
- 1M
- 0.30%
- YTD
- 0.63%
- 6M
- 0.56%
- 1Y
- 2.23%
- 3Y*
- 4.56%
- 5Y*
- -0.04%
- 10Y*
- —
IE3E.DE
- 1D
- 0.05%
- 1M
- 0.19%
- YTD
- 0.48%
- 6M
- 0.73%
- 1Y
- 1.92%
- 3Y*
- 3.74%
- 5Y*
- —
- 10Y*
- —
PR1C.DE vs. IE3E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PR1C.DE Amundi EUR Corporate Bond UCITS ETF DR EUR (D) | 0.63% | 3.02% | 4.32% | 7.43% | -5.85% |
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.48% | 3.04% | 4.31% | 4.16% | -1.80% |
Correlation
The correlation between PR1C.DE and IE3E.DE is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since May 30, 2022 | 0.73 |
The correlation between PR1C.DE and IE3E.DE shifts across timeframes, from 0.60 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PR1C.DE vs. IE3E.DE — Risk / Return Rank
PR1C.DE
IE3E.DE
PR1C.DE vs. IE3E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi EUR Corporate Bond UCITS ETF DR EUR (D) (PR1C.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PR1C.DE | IE3E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.25 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 1.86 | -1.10 |
| Martin ratioReturn relative to average drawdown | 2.59 | 7.32 | -4.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PR1C.DE | IE3E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 1.25 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.57 | -1.40 |
Drawdowns
PR1C.DE vs. IE3E.DE - Drawdown Comparison
The maximum PR1C.DE drawdown since its inception was -17.73%, which is greater than IE3E.DE's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for PR1C.DE and IE3E.DE.
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Drawdown Indicators
| PR1C.DE | IE3E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.73% | -3.12% | -14.61% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -0.98% | -1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -2.61% | -0.98% | -1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -17.73% | — | — |
Current DrawdownCurrent decline from peak | -1.67% | -0.08% | -1.59% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -0.55% | -4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 0.25% | +0.52% |
Volatility
PR1C.DE vs. IE3E.DE - Volatility Comparison
Amundi EUR Corporate Bond UCITS ETF DR EUR (D) (PR1C.DE) has a higher volatility of 1.07% compared to iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) at 0.42%. This indicates that PR1C.DE's price experiences larger fluctuations and is considered to be riskier than IE3E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PR1C.DE | IE3E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 0.42% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 1.31% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.07% | 1.46% | +1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.43% | 1.59% | +2.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.08% | 1.59% | +3.49% |
PR1C.DE vs. IE3E.DE - Expense Ratio Comparison
PR1C.DE has a 0.07% expense ratio, which is lower than IE3E.DE's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PR1C.DE vs. IE3E.DE - Dividend Comparison
PR1C.DE's dividend yield for the trailing twelve months is around 2.54%, while IE3E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PR1C.DE Amundi EUR Corporate Bond UCITS ETF DR EUR (D) | 2.54% | 2.55% | 2.19% | 1.80% | 1.44% | 1.32% | 1.38% | 1.01% |
Frequently Asked Questions
PR1C.DE and IE3E.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PR1C.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1C.DE is cheaper with a 0.07% expense ratio, compared with 0.12% for IE3E.DE.
PR1C.DE tracks Bloomberg Euro Corporate Bond, while IE3E.DE tracks Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.07% for PR1C.DE and 0.12% for IE3E.DE.
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